Comments on: Investing in TD e-Series Funds for Your RESP http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ben http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-1481972 Ben Wed, 08 Feb 2012 18:06:06 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-1481972 Jay: Read some of the comments from June 2010, validated since by my own experience. TD Canada Trust can hold GICs, but not mutual funds. TD Investment RESP can hold mutual funds, but not GICs. TD Waterhouse can hold both mutual funds and GICs, but there is a $50 annual fee and trading fees of minimum $9.95 per trade. Jay: Read some of the comments from June 2010, validated since by my own experience.

TD Canada Trust can hold GICs, but not mutual funds.
TD Investment RESP can hold mutual funds, but not GICs.
TD Waterhouse can hold both mutual funds and GICs, but there is a $50 annual fee and trading fees of minimum $9.95 per trade.

]]> By: Jay http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-1425456 Jay Fri, 20 Jan 2012 22:07:09 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-1425456 Thanks CC for the post. I put $500 in GIC and $2,000 in mutual fund back in Dec. Just converted to e-series and waiting the the CESG (Basic and Additional) Does anyone know if I can transfer the RESP GIC (TD Canada Trust) with the Basic and Additional CESG to the RESP Mutual Fund account (TD Investment) when it expires? Would there be fees or tax consequences? Thanks CC for the post.

I put $500 in GIC and $2,000 in mutual fund back in Dec. Just converted to e-series and waiting the the CESG (Basic and Additional)

Does anyone know if I can transfer the RESP GIC (TD Canada Trust) with the Basic and Additional CESG to the RESP Mutual Fund account (TD Investment) when it expires? Would there be fees or tax consequences?

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-997477 Canadian Capitalist Fri, 14 Oct 2011 14:33:46 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-997477 @darren: Were the inactivity fees for a TD Mutual Fund account? Or was it for a TD Waterhouse non-registered account? I'm suspecting it's the latter. You could have avoided these fees entirely even if you only had a small balance. This post is about RESPs and TD Mutual Fund Accounts. AFAIK, these accounts do not have an inactivity fee but as always it's best to check with TD. @darren: Were the inactivity fees for a TD Mutual Fund account? Or was it for a TD Waterhouse non-registered account? I’m suspecting it’s the latter. You could have avoided these fees entirely even if you only had a small balance. This post is about RESPs and TD Mutual Fund Accounts. AFAIK, these accounts do not have an inactivity fee but as always it’s best to check with TD.

]]> By: darren http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-997428 darren Fri, 14 Oct 2011 14:08:47 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-997428 I had a TD & they took out 200 dollars a year for inactive fees 25 dollars a quarter from the Canadian side & 25 dollars a year from the United States side. Had about 500 dollars they stoll in fees & now my statement says I owe them money from inactive fees. I dont care what it does to my credit rating there not getting any more more money from me Was going to closeout account a few years back but there was a closing account fee. So I thought I would leave it open till I was ready to invest & never paid attention to the statements. Iam thiinking of taking them to small claims court. I had a TD & they took out 200 dollars a year for inactive fees 25 dollars a quarter from the Canadian side & 25 dollars a year from the United States side. Had about 500 dollars they stoll in fees & now my statement says I owe them money from inactive fees. I dont care what it does to my credit rating there not getting any more more money from me Was going to closeout account a few years back but there was a closing account fee. So I thought I would leave it open till I was ready to invest & never paid attention to the statements. Iam thiinking of taking them to small claims court.

]]> By: Ron http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-843582 Ron Tue, 23 Aug 2011 03:41:46 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-843582 I have a number of funds with an MER around 3%, I am going to switch to the TD's fund, I will save at least 1% in MER. Thanks to the various commenters. I have a number of funds with an MER around 3%, I am going to switch to the TD’s fund, I will save at least 1% in MER. Thanks to the various commenters.

]]> By: SANA http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-486573 SANA Wed, 20 Apr 2011 16:34:49 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-486573 Warning: TD Mutual funds including E-series do not apply for the additional Canada Education Savings Grant., so loose 10% to 20% on investment depending on your net income. These funds as OK if you are a high income earner who is not entitled for the additional grants. Warning: TD Mutual funds including E-series do not apply for the additional Canada Education Savings Grant., so loose 10% to 20% on investment depending on your net income. These funds as OK if you are a high income earner who is not entitled for the additional grants.

]]> By: Geoff http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-394547 Geoff Mon, 24 Jan 2011 20:04:43 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-394547 @ TX - index funds aren't about hitting homeruns, they're about hitting singles with low costs making them into more like doubles. Index funds do typically beat actively managed funds, but obviously some actively managed funds beat the index too, like your precious metals fund did. @ TX – index funds aren’t about hitting homeruns, they’re about hitting singles with low costs making them into more like doubles. Index funds do typically beat actively managed funds, but obviously some actively managed funds beat the index too, like your precious metals fund did.

]]> By: Tx http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-387170 Tx Tue, 18 Jan 2011 20:27:58 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-387170 What is all this fuss about e-Series Funds? DO they offer better growth potential? TD only has a few of these funds, and my precious Metal and Resource MFs have outperformed almost all e-Series funds. Am I missing something here? On a different note, reading comments here, i am tempted to open Questrade(sp) account for my RESP...with all the risk that comes with it. Is it easy to get he CESG through the brokerage accounts? What is all this fuss about e-Series Funds? DO they offer better growth potential? TD only has a few of these funds, and my precious Metal and Resource MFs have outperformed almost all e-Series funds. Am I missing something here?

On a different note, reading comments here, i am tempted to open Questrade(sp) account for my RESP…with all the risk that comes with it. Is it easy to get he CESG through the brokerage accounts?

]]> By: peter http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-373439 peter Fri, 07 Jan 2011 18:33:27 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-373439 @CanadianCapitalist: " For my own kids, I’ve set it up so that initial contributions and CESG to go into the TD MMF". Is this listed in easy web as "TD CDN Money Mkt"? Thanks @CanadianCapitalist: ” For my own kids, I’ve set it up so that initial contributions and CESG to go into the TD MMF”. Is this listed in easy web as “TD CDN Money Mkt”? Thanks

]]> By: S http://www.canadiancapitalist.com/investing-in-td-e-series-funds-for-your-resp/#comment-370821 S Wed, 05 Jan 2011 21:10:13 +0000 http://www.canadiancapitalist.com/2007/11/05/investing-in-td-e-series-funds-for-your-resp#comment-370821 Hi All, Can anyone offer advice on the easiest way to rebalance the portfolio when the fund values change and skew your percentage distribution between funds? I was thinking of doing an auto purchase every month to get a 40/20/20/20 split between the funds but what's the best way to rebalance also factoring in the extra cash from the grant? Do you rebalance yearly and buy just to top up or do you transfer from one over valued fund to a lower valued one? Any tips on how to make this as painless and automatic as possible using easyweb would be appreciated. Thanks! Hi All,
Can anyone offer advice on the easiest way to rebalance the portfolio when the fund values change and skew your percentage distribution between funds? I was thinking of doing an auto purchase every month to get a 40/20/20/20 split between the funds but what’s the best way to rebalance also factoring in the extra cash from the grant? Do you rebalance yearly and buy just to top up or do you transfer from one over valued fund to a lower valued one? Any tips on how to make this as painless and automatic as possible using easyweb would be appreciated. Thanks!

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